To realize American dream, one now has to leave U.S.

November 2, 2007|Bill McCracken, Delray Beach

An example of just how well the global economy works out for U.S. corporations that have fled America to set up shop in other countries is their duel strategy of eliminating decent paying jobs for workers in this country, coupled with avoiding that annoying nuisance of paying taxes to the U.S. Treasury.

Sen. Byron Dorgan from North Dakota recently raised an interesting point when he displayed a picture of a five-story office building during one of his presentations on television. The building looked to be modern and well-kept, but it was the number of tenants that list the facility as their home address that caught my attention.

Over 12,700 corporations call the address of that building home, and with that many clients, it seemed to me that it must create one heck of a parking problem. Then the honorable senator pointed out that the office building is in Grand Cayman, so that, of course, explained everything to a lot of recent college graduates who are out pounding the sidewalk, unable to find a decent paying job in this country.

Most Americans would become infuriated upon hearing of this lunacy, but I sense a tremendous opportunity. I plan to fly down to the Cayman Islands, rent a bunch of storefronts and then advertise that I have plenty of mail addresses for sale. I'll make a fortune, because as a part of the new global economy, I won't have to pay Uncle Sam a dime on the proceeds.

Who would have thought that the day would arrive that to realize the American dream, one is now required to leave America?